[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[S. 2598 Introduced in Senate (IS)]
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118th CONGRESS
1st Session
S. 2598
To amend the Federal Crop Insurance Act to modify whole farm revenue
protection, and for other purposes.
_______________________________________________________________________
IN THE SENATE OF THE UNITED STATES
July 27, 2023
Mr. Brown (for himself, Mr. Welch, Mr. Fetterman, Ms. Smith, Mr.
Booker, and Mr. Warnock) introduced the following bill; which was read
twice and referred to the Committee on Agriculture, Nutrition, and
Forestry
_______________________________________________________________________
A BILL
To amend the Federal Crop Insurance Act to modify whole farm revenue
protection, and for other purposes.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Whole Farm Revenue Protection
Program Improvement Act of 2023''.
SEC. 2. WHOLE FARM REVENUE PROTECTION.
Section 522(c) of the Federal Crop Insurance Act (7 U.S.C. 1522(c))
is amended--
(1) in paragraph (1)--
(A) in subparagraph (B), by striking ``and'' at the
end;
(B) in subparagraph (C), by striking the period at
the end and inserting ``; and''; and
(C) by adding at the end the following:
``(D) increase participation by producers--
``(i) marketing direct-to-consumers;
``(ii) marketing through intermediated
sales in local and regional markets; or
``(iii) using farm identity-preserved
marketing.''; and
(2) in paragraph (7)--
(A) in subparagraph (B), by inserting ``or in
combination with'' after ``in lieu of'';
(B) in subparagraph (C)--
(i) in the matter preceding clause (i), by
striking ``may'' and inserting ``shall'';
(ii) in clause (i), by striking ``or'' at
the end;
(iii) by redesignating clause (ii) as
clause (iii); and
(iv) by inserting after clause (i) the
following:
``(ii) utilize a resource-conserving crop
rotation; or'';
(C) in subparagraph (D), by striking ``may'' and
inserting ``shall'';
(D) by redesignating subparagraph (F) as
subparagraph (G); and
(E) by inserting after subparagraph (E) the
following:
``(F) Modifications to improve effectiveness for
specialty crops and diversified farms.--Not later than
180 days after the date of enactment of the Whole Farm
Revenue Protection Program Improvement Act of 2023, the
Corporation shall implement the following modifications
to the plan developed under subparagraph (A):
``(i) Establish that Internal Revenue
Service Tax Form Schedule F shall be sufficient
for the establishment of historical adjusted
revenue, subject to the condition that approved
insurance providers may request additional
verifiable records in cases where there is
documented evidence that the farm tax records
of the applicant are incomplete.
``(ii) Prohibit an approved insurance
provider from adjusting the revenue guarantee
after the approved insurance provider accepts
the revised farm operation report, unless the
approved insurance provider, in coordination
with the Risk Management Agency, identifies
indicators of potential fraud.
``(iii) Expand the option for significantly
less paperwork and recordkeeping to producers
with not less than $1,000,000 in gross revenue.
``(iv) Raise the limit on growth expansion
for all producers to the lower of--
``(I) 100 percent of historic
revenue; and
``(II) $500,000.
``(v) Expand the diversification premium
discount to apply to not fewer than 10
commodities.
``(vi) Moderate the impact of disaster
years by--
``(I) counting payments made under
the noninsured crop disaster assistance
program established by section 196 of
the Federal Agriculture Improvement and
Reform Act of 1996 (7 U.S.C. 7333); or
``(II) using an assigned yield
floor similar to the limitation
described in section 508(g)(6)(A)(i),
as determined by the Secretary.
``(vii) Increase agent incentives to market
whole farm revenue protection by--
``(I) providing annual additional
administration and operating subsidies,
at a rate determined by the Secretary,
to approved insurance providers for any
new whole farm revenue policies written
in a given year; and
``(II) with respect to a whole farm
revenue protection policy, requiring
approved insurance providers to pay to
the agent who sold that policy an
amount equal to the total
administration and operating subsidy
earned on that policy.
``(viii) Provide for additional educational
and training opportunities to approved
insurance providers and insurance agents.''.
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